Boston Properties FFO Slightly Exceeds Guidance

TODAY: July 30, 2014 PUB DATE: July 30, 2014

By Josh Beckerman Boston Properties Inc. (BXP) said second-quarter funds from operations a share were slightly above its guidance due to cost savings and higher-than-expected development and management services income. The office-focused real-estate investment trust said Tuesday that funds from ...

ECB's Weidmann: Stronger German Wage Rise Is Positive -- Report

TODAY: July 30, 2014 PUB DATE: July 30, 2014

A stronger wage rise in Germany is positive amid virtually full employment in some sectors and regions and frequent reports that skilled workers are lacking, European Central Bank governing council member Jens Weidmann told Frankfurter Allgemeine Zeitung, according to a ...

Swedish Economy Returns to Growth

TODAY: July 30, 2014 PUB DATE: July 30, 2014

By Charles Duxbury STOCKHOLM--Sweden's economy returned to growth in the second quarter, boosted by rising household consumption and exports, but the upswing was smaller than expected and the Swedish currency fell. Sweden's statistics agency said Wednesday that gross domestic increased ...

CURRENCIES: Dollar Steady Against Yen Ahead Of FOMC Meeting

TODAY: July 30, 2014 PUB DATE: July 30, 2014

By Alexander Martin Speculation of a more hawkish Fed tone provides support for buck The dollar remained steady against the yen during Asian trading Wednesday ahead of the release of U.S. growth data and the conclusion of the Federal Open ...

ECB's Weidmann Says Stronger German Wage Rise Is Positive

TODAY: July 30, 2014 PUB DATE: July 30, 2014

A stronger wage rise in Germany is positive amid virtually full employment in some sectors and regions and frequent reports that skilled workers are lacking, European Central Bank governing council member Jens Weidmann told Frankfurter Allgemeine Zeitung, according to a ...

Swiss KOF Economic Indicator Declines in July

TODAY: July 30, 2014 PUB DATE: July 30, 2014

By Neil MacLucas ZURICH--Switzerland's KOF leading economic indicator fell for the fourth month out of the past five, suggesting the sluggish recovery in the euro zone will drag on exports of Swiss goods and slow the pace of growth in ...

Russia Stocks Shrug Off Sanctions

TODAY: July 30, 2014 PUB DATE: July 30, 2014

By Lukas I. Alpert MOSCOW--Russia's MICEX Index opened up 0.95% on Wednesday in the first minutes of trading after the U.S. and European Union imposed further sanctions against parts of the country's banking, oil and arms industries. The rise came ...

Asian Shares Mixed

TODAY: July 30, 2014 PUB DATE: July 30, 2014

Asian stocks were mixed on Wednesday as investors digested earnings news from Japan and South Korea, and ahead of key data in coming sessions. Japan's Nikkei Stock Average was flat in early trading after the dollar reclaimed the Yen102 mark ...

Japan Industrial Output Falls

TODAY: July 30, 2014 PUB DATE: July 30, 2014

TOKYO--Japan's industrial production declined 3.7% in the April-June quarter over the previous three-month period, marking the first decline in six quarters, the Ministry of Economy, Trade and Industry said Wednesday, as firms continued to scale back operations in response to ...

Dollar Steady Against Yen Ahead Of FOMC Meeting

TODAY: July 30, 2014 PUB DATE: July 30, 2014

By Alexander Martin The dollar remained steady against the yen during Asian trading Wednesday ahead of the release of U.S. growth data and the conclusion of the Federal Open Market Committee's meeting later in the day. Junichi Ishikawa, market analyst ...

Thailand Manufacturing Activity Falls for 15th Straight Month

TODAY: July 30, 2014 PUB DATE: July 30, 2014

By Nopparat Chaichalearmmongkol BANGKOK--Thailand's Manufacturing Production Index fell for the 15th consecutive month in June, highlighting concerns about weak domestic demand and investment despite the May 22 coup that put an end to months of political instability. The MPI, which ...

Australia Not Looking at More Sanctions on Russia

TODAY: July 30, 2014 PUB DATE: July 30, 2014

By Rob Taylor CANBERRA, Australia--Australia isn't looking at additional sanctions against Russia over its support for pro-Moscow rebels widely suspected of shooting down a Malaysian airliner in eastern Ukraine. Australia's Prime Minister Tony Abbott says he is focused on recovering ...

Oil Futures Mixed Ahead of U.S. Inventory Report

TODAY: July 30, 2014 PUB DATE: July 30, 2014

By Eric Yep Crude-oil futures were mixed in Asian trade Wednesday ahead of U.S. inventory data and as markets grapple with wider sanctions against Russia. On the New York Mercantile Exchange, light, sweet crude futures for delivery in September traded ...

French Consumer Confidence Stagnates in July

TODAY: July 30, 2014 PUB DATE: July 30, 2014

By Stacy Meichtry PARIS--French consumer confidence stagnated in July, a survey from statistics agency Insee showed Wednesday. The monthly survey said consumer confidence remained at 86 in July, the same level as in June. That reading is well below the ...

Australia Not Looking at More Sanctions on Russia

TODAY: July 30, 2014 PUB DATE: July 30, 2014

CANBERRA, Australia--Australia isn't looking at additional sanctions against Russia over its support for pro-Moscow rebels widely suspected of shooting down a Malaysian airliner in eastern Ukraine. Australia's Prime Minister Tony Abbott says he is focused on recovering the bodies of ...

Russian Central Bank Offers to Support Banks Sanction by U.S. and EU

TODAY: July 30, 2014 PUB DATE: July 30, 2014

By Olga Razumovskaya MOSCOW-Russia's central bank said Wednesday it would support the banks that were sanctioned by the U.S. and the European Union on Tuesday. The West adopted much tougher sanctions against Russia targeting banks, oil industry and military because ...

AstraZeneca Agrees to Buy Almirall Respiratory Franchise

TODAY: July 30, 2014 PUB DATE: July 30, 2014

By Jana Simmons LONDON--AstraZeneca PLC (AZN.LN), a British-Swedish pharmaceutical company, said Wednesday it has agreed to buy the rights to Almirall SA's (ALM.MC) respiratory franchise for an initial consideration of $875 million on completion, and up to $1.22 billion in ...

Moscow Digs In as Western Sanctions Mount Over Ukraine -- Update

TODAY: July 30, 2014 PUB DATE: July 29, 2014

By Gregory L. White, Anton Troianovski and Laurence Norman Pro-Russia rebels in eastern Ukraine saw some of their worst battlefield setbacks in weeks Monday as the West agreed on tougher sanctions aimed at forcing Moscow to cut support for the ...